The U.S. Department of Agriculture’s (USDA) Commodity Credit Corporation (CCC) today announced the marketing assistance loan rates for sugar for crop year 2017 (fiscal year 2018). CCC also announced provisions of the fiscal year 2018 domestic sugar program. USDA offers marketing assistance loans to processors of sugar beets and domestically grown sugarcane to provide interim financing to producers so that commodities can be stored after harvest when market prices are typically low to be sold later when price conditions are more favorable.
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